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Return of Peace to Iran's Economy?

26 Jan 2012 - 16:14


Exchange rate dollar to rials increased rapidly in recent weeks.  Also the Golden Coins was staggeringly expensive.

Many analysts were predicting the gold coin prices would increasing by EU's sanctions on Iran and Iran would face major economic problems.

European Union ambassadors agreed on 23 jan to impose an embargo on crude oil imports from Iran. These sanctions are tougher than before.

But the price of dollar and gold coin are dropped in recent days.

It seems that Iran has been succeeded to overcome the first wave of threats imposed by West powers via sanctions.

 


Story Code: 498

News Link :
https://www.theiranproject.com/en/news/498/return-of-peace-to-iran-s-economy

The Iran Project
  https://www.theiranproject.com